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Early movers: MS, PEP, HAS, ATHM, C, DIS, TM, GM, MDVN, NFLX & more

Check out which companies are making headlines before the bell:

Morgan Stanley — The investment bank earned 55 cents per share for the first quarter, 9 cents above estimates, with revenue essentially in line. Investment banking was a weak spot, but fixed income and investment management results were better than expected.

PepsiCo — The snack and beverage giant reported quarterly profit of 89 cents per share, 8 cents above estimates, with revenue in line. Pepsi's profit margins expanded and it saw its best increase in organic beverage sales in nearly three years.

Hasbro — The toymaker beat estimates by 14 cents with quarterly profit of 38 cents per share, while revenue topped analyst forecasts by a wide margin as well. Hasbro's results were powered by toys based on "Star Wars: The Force Awakens."

Autohome — The China-based online car buying service received a non-binding "going private" proposal from a consortium led by Chief Executive Officer James Zhi Qin. The offer is worth nearly $3.6 billion or $31.50 per American depositary share.